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Find all the economic and financial information on our Orishas Direct application to download on Play StoreBaobab Senegal marked a historic milestone in its ongoing commitment to inclusive and sustainable financing. It obtained the first listing of Baobab 6.80% 2024—2029 sustainable bonds on Tuesday, February 25, 2025 in Dakar in the
presence of financial players.The admission to the listing of the Regional Stock Exchange (Brvm) of the bond issued by the company Baobab Senegal will allow investors who were unable to buy the shares of Baobab Senegal at the time of the subscription transactions of be able to go to the financial market and get hold of it. This bond issue will mobilize an amount of 20 billion CFA francs. According to information, this listing by the Brvm of the loan called GSS BAOBAB 6.80% 2024-2029 reinforces their commitment to the environment because, being labeled green, social
and sustainable according to ESG standards.Moussa Davou, director of the operations and information systems department at Brvm, indicated that “this listing will also allow those who bought shares at the time of subscription to be able to sell them to other investors if they so. want”. According to him, “the first phase consisted of issuing 20,000 bonds intended for all investors and the second, which begins today (February 25, 2025 Editor's note) is the stock market life of this bond until 2029
”.Pour sa part, the CEO of CGF Bourse, Kalidou Diallo, considered that the financial innovation of this operation is that it puts forward a holistic vision of sustainable development that is beneficial, at the same time, to issuers, who raise funds to finance projects with environmental benefits, and to investors who buy these bonds to generate competitive returns and create a social impact.
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